MemeCore (M) is a new memecoin that is making waves in the crypto market. According to CoinGecko M data, the memecoin has surged 22.2% in the last 24 hours, 190.7% in the weekly charts, 183.9% in the 14-day charts, and 132.8% over the previous month. MemeCore (M) climbed to a new all-time high of $1.20 earlier today, Sept. 4, 2025. The project’s market cap has surged beyond the $2 billion mark and is currently the 68th largest crypto project by market cap.

MemeCore price chart
Source: CoinGecko

Will MemeCore Continue Surging Beyond Its All-Time High?

According to TradinView data, MemeCore’s (M) Relative Strength Index (RSI) is nearing the 90 mark. The figure suggests that the memecoin is in the oversold area. This could mean that MemeCore will face a correction very soon. Investors may begin to book profits and pivot their funds to more stable assets.

MemeCore RSI
Source: TradingView

Furthermore, the crypto market seems to be entering a consolidation phase. Bitcoin (BTC) is struggling to break past the $110,000 price level. Such a scenario could raise questions about MemeCore’s (M) performance. The asset may face market pressure and experience a big price correction.

Memecoins are very often subject to speculation and online buzz. MemeCore (M) may face a similar fate. The asset may fall prey to early investors cashing out, while investors who bought at the top may suffer.

Also Read: Shiba Inu Rises: First Meme Coin on DeFi Platform Folks Finance

CoinCodex analysts also anticipate MemeCore’s (M) price to dip over the coming days. The platform predicts M to trade at $0.921269 on Sept. 14. Falling to $0.921269 from current price levels will entail a correction of about 23.86%.

M price prediction
Source: CoinCodex

However, there is a high possibility of an interest rate cut this month. If the Federal Reserve begins cutting interest rates, the crypto market may benefit greatly. Such a scenario could provide some cushioning against any volatility to MemeCore’s price.